Bitcoin fell in a waterfall yesterday, are the bulls unable to go up?
Today's news
Affected by the Independence Day holiday in the United States today, the US stock market will be closed for one day. On the market level, BTC fell to $9050 at night, and then rebounded to around $9100. During the day, the Nasdaq kept making new highs while BTC weakened. At night, the 80-point dive of the Nasdaq led to a dive of nearly $300 in BTC. As the price goes down, the long support pending orders have gradually moved down from $9k to $8.8k, and BTC may continue to be confined to a relatively clear downward channel in June. In recent days, it is necessary to pay attention to the independent performance of the European and American holiday Chinese currency markets, which may become a harbinger of independent markets in the future.
market analysis
market analysisDo long near 8950-8850, stop loss 8700, target 9050-9170
Action suggestion
Short stop near 9150-9250 Target above 9350 to see 9000-8900
Do long near 8950-8850, stop loss 8700, target 9050-9170
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
